Rising Number of Retail Outlets & Rising Popularity of e-Commerce to Fuel the Socks Market
Industry Probe has titled an upcoming report as “Socks Market – Global Industry Dynamics 2018-19,Trends and Forecast, 2020–2028” to its ever growing database of reports. The report explicates the market for socks via a sequence of channels that incorporate data ranging from fundamental information to an unquestionable projection. It further includes all the primary factors that are expected to undergo definite transformation within the market. The data accessible in the report therefore can be used to augment a standing of the company operating in the global socks market.
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The report from Industry Probe anticipates that the increasing number of retail outlets and rising popularity of e-Commerce are paving the way for penetration of organized distribution channels in the socks market. Rising incidence of foot allergies and diseases has led to an increase in demand for sports socks. Manufacturers in the textile industry are incorporating advanced technologies in hosiery products. This factor is expected to increase the market growth across the world. The report has segregated the global socks market in terms of product type, length, material, age group, end user, distribution channel, and region.In terms of product type, the socks market is divided into hot casual,athletic, and others. The athletic segment further segmented into running,cycling, ball games, and others.
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Based on length, the market is categorized into ankle length, quarter length, crew length, thigh high, knee length, and others. Based on material, the market is divided into nylon, cotton, polyester, wool, waterproof breathable membrane,others. In terms of age group, the market is split into 0-14, 15-24, 25-34, and above 35. In terms of end user, the socks market is segmented into kids, men,women, and unisex. In terms of distribution channel, the global socks market is divided into online and offline. Online segment is expected to be the most attractive segment during the forecast period. Some of the key players operating in the global socks market are featured in this report to give a better competitive analysis of the market and these include Adidas A.G,Hanes brands Inc., Puma S.E., Asics Corporation, Balega, Under Armour, Inc.,THORLO, Inc., Renfro Corporation, Drymax Technologies Inc., Nike Inc., Asics Corporation, United Leg wear & Apparel Co., LLC, and others.
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